BarbaraC. Costanza

The supplier of fiber optic products
NUFO
earned $2.6 million, or 4 cents a share, compared with a loss of $1.3 million, or 2 cents in the third quarter. Analysts polled by First Call expected a loss of 3 cents a share. Including one-time items, the company posted a loss of $2.3 million, or 4 cents for the latest quarter.

Revenue for the latest quarter totaled $33.9 million compared with $6.8 million in the year-ago period. The company noted strong demand for all its products.

The company also raised its revenue estimate for fiscal 2001 to $240 million from $150 million, based on higher revenue expectations for its current businesses and incremental revenue from its new wholly-owned subsidiary, JCA Technology, Inc.

The company said it plans to expand manufacturing capacity at its recently acquired subsidiary, JCA Technology, Inc., based on the demand outlook for JCA's products. In light of the JCA expansion and the company's previously announced expansion plans for its U.S. and China facilities, New Focus raised its projected capital expenditures for fiscal 2001 to between $90 million and $100 million, compared with the previous estimate of between $70 million and $80 million.

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